Mills82644

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$406,000
N/A
Median Household Income
$57,000
30.3% 5-Year Growth
Days on Market
16
50.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Mills

As of Oct '25, Realtor.com reports that the median days on market for a home in Mills is 16. This is a decrease of -50.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$406,000-1.0%
Listing Count
10-59.0%
Listings as % of HomesN/A-59.0%
Days on Market
16-50.0%
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Demographics — Mills

As of the latest ACS Survey released in 2023, Mills has a population of 1,890, which has increased by 9.8% over the past 5 years. Mills is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,8909.8%
% Under 18
24.1%-4.7%
% Seniors
14.0%-23.1%
% WFH
1.3%-56.7%
% w/ College Degree
10.0%38.9%
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As of the latest ACS Survey released in 2023, Mills is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Mills is hispanic, making up 13.8% of the population. Foreign-born residents account for 2.7% of the population in Mills, and this percentage has increased by 2600.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.4%-8.3%
% Black
0.0%N/A
% Hispanic
13.8%53.3%
% Asian
0.0%-100.0%
% Foreign Born
2.7%2,600.0%
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Mortgage and Risk — Mills

According to HUD data as of 2023, there were 71 mortgage originations in Mills, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Mills. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
71
% Conventional Loans
58.0%
% Government Loans
42.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Mills

Mills lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
46
Total Units Section 8
46
% Rentals under Section 8
N/A
% Occupied Section 8
100.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$810
2 BedroomN/AN/A$970
3 BedroomN/AN/A$1,360
4 BedroomN/AN/A$1,620

Affordability — Mills

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$57,000

Mills — ZIP Code Boundary Map

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Frequently Asked Questions